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Showing posts from June, 2005

friend's experience in stock market

remembered that know a man, called Peter, living in new york, who used to tell about his stocks. how every morning he listens to news, reads something in the net, looks at his stocks, buys or sells. wrote him an email to ask how he is doing with stocks now, after a few years. the answer was not very happy. "I have bought stocks and put them away for retirement; I lost much in the market all because the companies were lying about their products and before I could get out, the stocks had fallen. So, the few stocks I have bought are now for retirement. It is a volatile market and I do not recommend it to anyone; too much fraud and lies to drive the stocks up. Be very careful of what you invest in. Currently, I am investing my money in my private practice which has been quite successful; thanks to God." He is a doctor, so soon will have two offices, opened for clients. So, no words of encouragement. The only thing good is that here, in the market i am interested in, there are no

All software for stock analysis

All software for stock analysis

rich dad poor dad

had been reading a book a year ago. "rich dad poor dad", http://www.richdad.com/rich-dad-poor-dad-reviews.html . it was my first book on money and finances that i read for myself, not for studies or job. written in popular style and convincing to aim for financial independence. "get out of rat race". now starting to read the next book from the same authors. about investitions - guide of investor. it is interesting. it says "those, who trade in the stock market, only imagine themselves to invest. in reality they only buy and sell. "buy, keep and pray" - that is a long investition. pray for stocks to go up. and those, who do not keep for long and sell they call only speculators... so, thinking about changing blog's title from 'diary of investor' to "trader's diary".

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a few weeks ago promised myself to buy and hold for long. well, could not. somthing inside wants the activity - buy sell buy. not wise, but... yesterday sold two stocks that were going up high. the first one, lifo, seems to stop today, and the bank still streams for maximum..

do not listen to my advices....

it is soooo difficult to get used to new tickers. now, as we entered saxess platform and baltics had been connected into one baltic stock trade system, there are all new codes for shares and the number of them increased. as i look at my software it is difficult for me to understand what company does it belong to. for example, snoras changed from snor into srs1l. o enrg to len1l. it takes time to find the stock i need! wow, what a trades the last days here. there a few stocks that were climbing up about 10 percent in a day. what a joy to traders:) got a chance to buy something today. had chosen to stocks with lowest pe and great profit - becaus of rick they still not evaluated in the market. bought the first after a few days high over 24percent. in my opinion it should go up more. then got scared because the price moved down and sold 4/5 of them with losses. well, at the end of the day the price changed and now for that remain i have a litle plus. so, do not listen to me when to buy and